🟢 Shoprite is trading 9% up after reported Investec financial-services partnership talks

Shoprite is trading at €19.30, +9.04%, after reports of discussions over a potential financial-services partnership with Investec.

• Bloomberg reported on October 23 that talks are ongoing, but terms remain undecided and no deal is certain.
• The possible tie-up could broaden customer banking-style services, combining Shoprite’s retail reach with Investec’s expertise. Both companies declined to confirm discussions; Shoprite said it would disclose confirmed partnerships to the market.